The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (124530)	5/21/2008 5:47:41 PM
From: patron_anejo_por_favor	Read Replies (1) of 306849

I guess I'm a starry-eyed fool, but an Obama victory is a long way from a sure thing. Hillary's torpedoes showed that the bittermen will vote against him at even a whiff of radical suggestion. McSame is nutz but not stupid, and he'll try to steer himself into the vacated middle of the road and steal the election via the white blue collar/union type voters. Far too soon to be writing off oil on the back of an Obama victory, IMO. Plus, it ain't like demand is gonna drop through the floor just because he's elected. It would be bad for US refiners, service companies and integrated ("Big") oil companies, but probably good for those headquartered and producing offshores (i.e, Canada). I expect the price of oil to hit $200/bbl by this time next year no matter who gets elected.

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